Historically, commercial real estate hasn’t been a playground for individual investors. But that’s changing thanks to the work of [hotlink ignore=true]Ryan[/hotlink] [hotlink ignore=true]Williams[/hotlink], CEO of Cadre, a platform for individual investors that allows them to participate alongside some of the largest companies in the market.
The insight for launching Cadre,” Williams says, “came after I visited my best friend in [a] dominantly Black part of Atlanta, where he was from, and saw that there are all these foreclosed homes up and down a street, a year after the street was pretty much immaculate.
“I asked him what was going on. He didn’t know. But he actually said he heard that a lot of people were underwater because of a lot of predatory lending.” So Williams decided to do some research to answer the question: “What were these homes worth?”
But that’s wasn’t his only bit of visionary work: Today, he’s pushing to democratize wealth every other areas.
Williams joins Fortune’s Alan Murray and Ellen McGirt on this week’s episode of Leadership Next, a podcast about the changing rules of business leadership, to discuss the ways his work is upending the world of commercial real estate.
Now 33, [hotlink]Williams[/hotlink] was on Fortune‘s 40 Under 40 list a few years back.
Also on the show is Fortune‘s senior editor-at-large, Shawn Tully, who Murray describes as our “expert on all things financial, including real estate” and “the soul of Fortune,” to talk about Cadre’s impact on the commercial real estate market.
“They brought a lot of technology to the markets in terms of identifying properties using artificial intelligence,” Tully says. “So it’s really bringing big-time fintech to choosing real estate properties. But in doing so, the second big change that they brought to the market is the ability of individual investors to get into the funds.”
This story was originally featured on Fortune.com